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REVENUE (Tables)
9 Months Ended
Dec. 31, 2024
REVENUE  
Schedule of revenue on a disaggregated basis by market and contract type

Revenue by market

    

Defense

    

Industrial

    

Totals

Three months ended December 31, 2024

$

7,456

$

166

$

7,622

Three months ended December 31, 2023

$

7,650

$

$

7,650

Nine months ended December 31, 2024

$

24,317

$

237

$

24,554

Nine months ended December 31, 2023

$

22,809

$

182

$

22,991

Revenue by contract type

    

Over-Time

    

Point-in-Time

    

Totals

Three months ended December 31, 2024

$

7,297

$

325

$

7,622

Three months ended December 31, 2023

$

7,416

$

234

$

7,650

Nine months ended December 31, 2024

$

23,158

$

1,396

$

24,554

Nine months ended December 31, 2023

$

21,763

$

1,228

$

22,991

Schedule of contract assets and contract liabilities

Progress

    

Unbilled

    

payments

    

Total

December 31, 2024

$

23,797

$

(15,380)

$

8,417

March 31, 2024

$

19,255

$

(10,728)

$

8,527

    

    

Customer

    

    

Deferred Revenue

Deposits

Total

December 31, 2024

$

1,036

$

1,631

$

2,667

March 31, 2024

$

2,104

$

1,684

$

3,788

Sales  
REVENUE  
Schedule of revenue from customers who accounted for more than 10%

Three months ended

Three months ended

Nine months ended

Nine months ended

December 31, 2024

December 31, 2023

 

December 31, 2024

December 31, 2023

Customer

    

Amount

    

Percent

    

Amount

    

Percent

    

Amount

    

Percent

    

Amount

    

Percent

  

A

$

1,109

 

15

%  

$

1,904

 

25

%

$

4,173

17

%  

$

6,750

29

%

B

$

794

 

10

%  

$

1,176

 

15

%

$

2,684

11

%  

$

2,488

11

%

C

$

1,107

 

15

%  

$

915

 

12

%

$

3,388

14

%  

$

2,357

10

%

D

$

*

*

%  

$

911

12

%

$

*

*

%  

$

2,321

10

%

E

$

1,611

21

%  

$

1,329

17

%

$

4,849

20

%

$

3,430

15

%

F

$

1,673

22

%  

$

*

*

%

$

4,665

19

%

$

*

*

%

G

$

*

*

%

$

*

*

%

$

*

*

%

$

*

*

%

H

$

*

*

%

$

*

*

%

$

*

*

%

$

*

*

%

I

$

*

*

%

$

*

*

%

$

*

*

%

$

*

*

%

*Less than 10% of total